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Forex Signal For GBP/USD: Sets Blocking US PCE Data

Forex Signal For GBP/USD: Sets Blocking US PCE Data Forex Signal For GBP/USD: Sets Blocking US PCE Data Forex Signal For GBP/USD: Sets

Forex Signal For GBP/USD: Sets Blocking US PCE Data
Yazar: Ross Sutton

Yayınlanma: 1 Aralık 2022 19:48

Güncellenme: 16 Kasım 2024 09:51

Forex Signal For GBP/USD: Sets Blocking US PCE Data

    Forex Signal For GBP/USD: Sets Blocking US PCE Data   GBP/USD is expected to react moderately to PCE data from the US.  

Bear Market Outlook

 
  • Sell ​​GBP/USD and take a profit at 1,1900.
  • Add a stop-loss at 1,2100.
  • Timetable: 1-2 days.
 

Forex Signal For GBP/USD: Sets Blocking US PCE Data

 

Bull Market Outlook

 
  • Set a buy stop at 1,2075 and a take profit at 1,2150.
  • Add a stop-loss at 1,2000.
  The GBP/USD price moved higher after Fed chairman Jerome Powell's latest announcement and rose further after a series of mixed economic numbers from the US. The sterling-dollar pair was trading at 1,2051, just above this week's low of 1,1900. It rose more than 7% from its lowest point, posting its second consecutive monthly gains.   gbpusd_01122022_cryspus  

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